Yes DUG looking good day, however
take a look at my chart, it's at the dotted downtrend line which is
the next resistance, a break from here would send it up to the
30's.
But remember things are trading thin today and can whip
around and give false moves
yes, but honestly even though DUG has been whippy as hell the
last 1 1/2 months, the fact that SMN appears to have bottomed I
think there is a good chance DUG could have put in a bottom, but
again there are no guarantees.
XLE / DUG
Posted by bkout3 on 3rd of Jul 2008 at 09:49 am
I posted this chart before wondering if XLE would have to break support and the 50ma for DUG to get going -- looking good today
Yes DUG looking good day,
Posted by matt on 3rd of Jul 2008 at 09:53 am
Yes DUG looking good day, however take a look at my chart, it's at the dotted downtrend line which is the next resistance, a break from here would send it up to the 30's. But remember things are trading thin today and can whip around and give false moves
DUG chart
DUG
Posted by rvk1958 on 3rd of Jul 2008 at 09:55 am
Matt - Can you clarify "a break from here" Do you mean above the dotted line?
yes, but honestly even though
Posted by matt on 3rd of Jul 2008 at 10:05 am
yes, but honestly even though DUG has been whippy as hell the last 1 1/2 months, the fact that SMN appears to have bottomed I think there is a good chance DUG could have put in a bottom, but again there are no guarantees.
DUG 7 million shares first
Posted by dylan398 on 3rd of Jul 2008 at 10:03 am
DUG 7 million shares first half hour....